Business

D.R. Horton Inc's (DHI.N) quarterly profit jumped nearly 44 percent as the largest U.S. homebuilder sold more homes and the company said its orders rose 19 percent. Orders, an indicator of future revenue for homebuilders, rose to 8,477 homes in...

BEVERLY HILLS, November 09, (THEWILL) – MTN Group, the parent company of MTN Nigeria, which was slammed a record $5.2 billion fine by the Nigerian National telecommunications Commission (NCC), over its delayed disconnection of unregistered mobile phone numbers, has...

… Signs MoU With Dutch Agric Organisation BEVERLY HILLS, November 08, (THEWILL) – Nigeria Agribusiness Group (NABG), the agribusiness sector operators platform, led by Sani Dangote, has thrown its weight behind the Central Bank of Nigeria’s (CBN) foreign exchange restriction...

Several Volkswagen (VOWG_p.DE) engineers have admitted manipulating carbon dioxide emissions data because goals set by former Chief Executive Martin Winterkorn were difficult to achieve, Bild am Sonntag reported. The paper said VW engineers tampered with tire pressure and mixed diesel...

Lufthansa (LHAG.DE) said on Sunday it would cancel 929 flights affecting 113,000 passengers because of a cabin crew strike on Monday, after a union announced a walk-out at three of the German airline's major airports for almost the entire...

A few days after joining the board of Atlantic Power, private equity veteran Gilbert Palter said he got a flurry of calls from the energy company's top shareholders, who wanted more than just to wish him well. "They wanted to...

German airline Lufthansa (LHAG.DE) canceled hundreds of flights on Friday and warned of more disruption on Saturday after a cabin crew union started a series of walkouts that could become the longest ever strike at the carrier. On the first...

Japan's Toshiba, struggling with a major accounting scandal, is trying to sell down a $7.4 billion commitment to U.S. liquefied natural gas (LNG), which it signed two years ago as part of a plan to sweeten sales of turbines...

Nissan Motor Co (7201.T) said on Saturday it will not use air bag inflators made by Japanese auto parts supplier Takata Corp (7312.T) in its cars. Nissan joins most major automakers, including Toyota Motor Corp (7203.T) and Honda Motor Co...

The Nigerian government is proposing a budget of 7 to 8 trillion naira for 2016, up from 4.4 trillion this year, a document from the office of Vice President Yemi Osinbajo seen by Reuters showed on Friday. Nigeria, which has...